Tin, a humble mineral that could, looks like playing a vital role in saving the planet from global warming.
Often when the next generation of minerals are discussed, stuff like lithium and copper is brought into the conversation.
This is because they’re often brought up in the context of battery technology, which is being quickly adapted to be able to store energy created by renewable energy sources.
Talk about a game-changer.
But what is often left out of the picture is tin, and it shouldn’t be — at least according to MIT and Rio Tinto.
In 2018 Rio Tinto commissioned MIT to look into the minerals which would most be affected by future technologies, and the above chart is the result.
It found humble tin would be the most affected mineral, as not only is it an electrical contact mineral (a mineral used to conduct and pass electricity), but it could also be classified as a battery mineral.
It’s because of this that tin is often called ‘the forgotten EV metal’ — despite it being talked about as a potential battery game-changer since 2012.
The University of Washington concluded that a tin-based anode has “the potential to store almost three times the energy of graphite”.
The technology is quickly catching up, now it’s just a matter of the market taking notice.
The increased buzz over tin (although it has a while to run), puts the spotlight squarely on emerging producers such as Stellar Resources (ASX:SRZ)
Its flagship project, Heemskirk Tin in Tasmania, is the highest grade undeveloped tin deposit in Australia and has excellent potential for resource expansion.
This content is produced by Star Investing in commercial partnership with Stellar Resources. This content does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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